HomeNewsBusinessEarningsAlembic Pharma Q1 PAT may dip 16.70% YoY to Rs 86.3 cr: KR Choksey
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Alembic Pharma Q1 PAT may dip 16.70% YoY to Rs 86.3 cr: KR Choksey

Net Sales are expected to decrease by 6.86 percent Q-o-Q (down 6.29 percent Y-o-Y) to Rs 689.5 crore, according to KR Choksey. Alembic Pharma to report net profit at 86.3 crore down 16.70% year-on-year.

July 20, 2017 / 20:07 IST
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Granules India Ltd.
Granules India Ltd.

KR Choksey has come out with its first quarter (April-June) earnings estimates for the Pharma sector. The brokerage house expects Alembic Pharma to report net profit at 86.3 crore down 16.70% year-on-year (9.54% quarter-on-quarter).

Net Sales are expected to decrease by 6.86 percent Q-o-Q (down 6.29 percent Y-o-Y) to Rs 689.5 crore, according to KR Choksey.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 6.68 percent Q-o-Q (down 19.94 percent Y-o-Y) to Rs 125.7 crore.

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